As Industry 4.0 continues to take the whole manufacturing world by storm, machine tools are becoming a cornerstone of the smart system. Though still in its infancy in India, the concept is gaining traction, particularly among major machine tool players who are innovating in this direction. Primarily, the machine tools industry is looking at Industry 4.0 to address rising consumer requirements for improved productivity, reduced cycle time, and greater quality. Thus, implementing the Industry 4.0 concept is at the crux of accomplishing the ambitious goal of making India a global powerhouse for manufacturing, design, and innovation, as well as augmenting the share of manufacturing in the GDP.
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